Bank Jobs 2023: Banking is one of the most sought-after career choices for fresh graduates in India. With the growth of the economy and the emergence of new banks, the demand for qualified banking professionals has increased in recent years. Banking exams conducted by some of the top organizations such as SBI, IBPS, NABARD, and RBI provide the gateway to a promising career in the banking sector.
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Every year, lakhs of banking aspirants appear in various top-notch banking examinations. These exams are conducted for various levels of the banking hierarchy; hence, the qualifications and age limit to apply for the post may vary. The attractive salaries, job stability, and other perks and benefits offered by the banking industry are the primary drivers of its successful growth.
Aspirants who are interested or preparing for the Bank Jobs 2023 can read the given article to get complete details on the top 10 banking jobs.
Why choose banking as a career?
The majority of banking exams have graduation as a prerequisite, along with basic computer proficiency, general awareness, and aptitude, which is one of the main reasons for the increased involvement of applicants for banking employment
The banking sector is shaping up to be a promising field for recent graduates and young professionals. Being a rapidly growing sector, the banking industry offers several benefits for choosing it as a career
- Job Security
- Lucrative salary
- Frequent promotions
- High chances of posting abroad
- Leave travel concession.
- Constant training for professional advancement
- Leased accommodation and other allowances
Candidates can review the list of upcoming bank jobs 2023 along with the important links for exam, eligibility, selection, syllabus, and other facts below.
Top 10 Bank Jobs in India 2023
The State Bank of India and the Institute of Banking Personnel Selection are the top recruiting bodies for some of the major banking exams. Many public sectors as well as regional banks conduct various recruitment exams throughout the year for various banking positions such as Probationary Officer (PO), Clerk, and Specialist Officer (SO). Check out the list of the top bank jobs 2023 in the table below.
|SBI PO||IBPS RRB|
|SBI Clerk||RBI Grade B|
|SBI SO||RBI Assistant|
|IBPS PO||NABARD Grade A|
|IBPS SO||NABARD Grade B|
SBI PO is a national-level exam conducted annually to select eligible candidates for the post of probationary officer in various branches. The SBI PO exam consists of three stages: the preliminary exam, the main exam, and the group exercise and interview. The salary range for the PO is Rs. 56,789 (approximately).
Initially, the selected candidates for SBI PO are posted on JMGS-Scale I. Candidates have to serve a probation period of two years. At the time of joining, a bond of Rs. 2 lakhs will be signed to ensure three years of service. On the basis of the examination, their promotion will be taken into consideration.
SBI PO 2023 Recruitment
|SBI PO Exam||SBI PO Syllabus|
|SBI PO Eligibility Criteria||SBI PO Books|
|SBI PO Exam Pattern||SBI PO Selection Process|
The SBI Clerk Exam is conducted for the post of Junior Associate (customer support and sales). The SBI Clerk is an entry-level post. The clerk acts as a front-end employee who handles creating bank accounts, issuing demand draughts and bank statements, managing NEFT/RTGS transactions, etc. The basic salary of an SBI clerk is between Rs. 17,900 to Rs. 20,900.
Candidates selected for this post serve a probation period of six months. On successful completion of the probation, the candidate will become a permanent employee of SBI.
SBI Clerk 2023 Recruitment
|SBI Clerk Exam||SBI Clerk Syllabus|
|SBI Clerk Eligibility Criteria||SBI Clerk Books|
|SBI Clerk Exam Pattern||SBI Clerk Selection Process|
The SBI SO recruitment exam is conducted to recruit candidates for managerial-level posts such as Central Operation Team, Assistant Manager, Project Development Manager, Senior Special Executive Manager etc. The selection of candidates is based on an online examination followed by an interview.
The salary of an SBI SO is between Rs. 42,020 to Rs. 51,490, along with HRA and other benefits. The SBI SO exam is conducted for both contractual and permanent posts. After the selection, candidates have to serve a probation period of two years.
SBI SO 2023 Recruitment
|SBI SO Exam||SBI SO Syllabus|
|SBI SO Eligibility Criteria||SBI SO Books|
|SBI SO Exam Pattern||SBI SO Selection Process|
The Institute of Banking Personnel Selection (IBPS) conducts the exam for various banks. The IBPS PO exam is held annually to recruit probationary officers (POs) for various banks in India. The IBPS PO exam also has three stages: the preliminary exam, the main exam, and the interview.
Selected candidates for the post of probationary officer will receive a handsome salary of Rs 57,289 (approx) along with many allowances, benefits, and perks. Candidates serve a probation period of two years.
IBPS PO 2023 Recruitment
|IBPS PO Exam||IBPS PO Syllabus|
|IBPS PO Eligibility Criteria||IBPS PO Books|
|IBPS PO Exam Pattern||IBPS PO Selection Process|
To fill the clerical posts in various public sector banks, IBPS conducts the IBPS Clerk exam. A clerk is an entry-level cadre in the banking sector. The clerk handles various tasks such as document verification, maintaining balance sheets and ledgers, etc. The selection process is based on preliminary, main, and language proficiency exams.
The probation period for IBPS Clerk is six months. Selected candidates get a monthly salary of Rs 19,900 with additional special allowances of Rs 4,118 and other benefits.
IBPS Clerk 2023 Recruitment
|IBPS Clerk Exam||IBPS Clerk Syllabus|
|IBPS Clerk Eligibility Criteria||IBPS Clerk Books|
|IBPS Clerk Exam Pattern||IBPS Clerk Selection Process|
The IBPS SO exam is conducted to fill specialist officer vacancies in various public sector banks. The exam comprises three rounds: preliminary, main, and interview. The specialist officer’s role is extremely particular based on their qualifications, training, experience, and professional history. The three stages of the selection are preliminary, main, and interview rounds.
Candidates have to serve a probation period of two years after being chosen for the position of Officer Scale-I. An IBPS Specialist Officer’s basic salary ranges between Rs. 36,300 to Rs. 64,600.
IBPS SO 2023 Recruitment
|IBPS SO Exam||IBPS SO Syllabus|
|IBPS SO Eligibility Criteria||IBPS SO Books|
|IBPS SO Exam Pattern||IBPS SO Selection Process|
The IBPS conducts the IBPS RRB exam to select candidates for various Group A and B posts such as officers scale I, II, and III and office assistants (multipurpose) in regional rural banks (RRBs) of India. The selection is based on prelims and mains. The interview round is conducted only for Officer Scale I.
Based on the post, the candidates have to serve a probation period of 6 months up to 2 years. The salary of candidates for the IBPS RRB Clerk position is Rs. 21,000-Rs. 23,000, while IBPS RRB POs earn a monthly salary of Rs. 42,000-Rs. 45,000.
IBPS RRB 2023 Recruitment
|IBPS RRB Exam||IBPS RRB Syllabus|
|IBPS RRB Eligibility Criteria||IBPS RRB Books|
|IBPS RRB Exam Pattern||IBPS RRB Selection Process|
RBI Grade B
The RBI Grade B is the most sought-after job profile in the banking sector. The role of the RBI Grade B officer is to handle financial stability, and currency circulation and manage central bank accounts. Candidates have to go through objective-type &descriptive exams, GDs, and interviews.
The probation for the post is between two and four years, depending on the performance of the candidates. Candidates for the position receive a basic salary of Rs. 55,200, while their gross salary is Rs. 1,08,404.
RBI Grade B 2023 Recruitment
|RBI Grade B Exam||RBI Grade B Syllabus|
|RBI Grade B Eligibility Criteria||RBI Grade B Books|
|RBI Grade B Exam Pattern||RBI Grade B Selection Process|
The Reserve Bank of India (RBI) conducts the RBI Assistant Exam to recruit candidates for the post of Assistant in various branches and sub-offices of the RBI. The exam is ranked as one of the toughest and most prestigious Bank jobs. Preliminary, main, and language proficiency tests (LPT) are the three phases for the selection.
After selection, candidates must complete a six-month probationary term before being given a permanent position as an RBI Assistant. The basic pay of an RBI Assistant is Rs. 20,700 per month, and with all the allowances such as HRA, DA, PA, LCA, and SA, candidates get a gross salary of Rs 40,000 (approx).
RBI Assistant 2023 Recruitment
|RBI Assistant Exam||RBI Assistant Syllabus|
|RBI Assistant Eligibility Criteria||RBI Assistant Books|
|RBI Assistant Exam Pattern||RBI Assistant Selection Process|
NABARD Grade B
The National Bank for Agriculture and Rural Development (NABARD) conducts the NABARD Grade B Exam to recruit eligible candidates for the Manager post. The job profile of candidates for Grade B posts is to monitor accounting processes, client connections, approve loans, etc. The selection of candidates is based on the preliminary and main exams, followed by the interview.
Candidates have to go through a two-year probationary term that can be extended by one additional year. The gross salary of a NABARD Grade B officer is approximately Rs. 78,000/-.
NABARD Grade B 2023 Recruitment
|NABARD Grade B Exam||NABARD Grade B Syllabus|
|NABARD Grade B Eligibility Criteria||NABARD Grade B Books|
|NABARD Grade B Exam Pattern||NABARD Grade B Selection Process|
NABARD Grade A
The National Bank for Agriculture and Rural Development (NABARD) conducts the Grade A examination for managerial positions in various departments. The Grade A officers are posted as assistant managers who execute and supervise numerous government policies, initiatives, and schemes related to rural and agricultural development. Selection of candidates for the Grade A post is based on prelims, mains, and interviews.
Selected candidates undergo a two-year probationary period that may be extended by an additional year. The candidates for this post get a handsome gross salary of approximately Rs. 62,000, along with HRA, DA, special allowances, etc.
NABARD Grade A 2023 Recruitment
|NABARD Grade A Exam||NABARD Grade A Syllabus|
|NABARD Grade A Eligibility Criteria||NABARD Grade A Books|
|NABARD Grade A Exam Pattern||NABARD Grade A Selection Process|
Bank Jobs 2023 FAQs
Ans-IBPS Clerk, SBI Clerk, and IBPS RRB Office Assistant are some of the easier banking exams in India.
Ans-RBI Grade B is the toughest banking exam in India.
The State Bank of India (SBI) is the highest-paying bank in India.
Ans- Candidates who have completed their graduation can apply for various banking job positions as a clerk, PO, etc.
Ans- The SBI conducts a separate examination for its recruitment, whereas the IBPS PO exam is conducted for multiple PSBs. At the time of joining SBI, the PO receives four extra increments. As a result, the salary of an SBI PO is 6,000 rupees more than that of any other PO of a nationalized bank. Also, the promotion of SBI PO is more frequent than that of IBPS PO.